The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......

A tribunal on Monday temporarily halted a $75-million settlement due to be paid by spirits giant Diageo Plc to Mallya after he resigned as chairman of Diageo unit United Spirits. The Supreme Court......